state gov Bihar Vidhan Sabha Security Guard Mock Test 2024 Quantitative Aptitude Interest Simple and Compound Both
In a bank , Rs. 450 was deposit for one year, which provides 14% annual simple interest and Another Rs. 450 was invested for one year in a company, which provides compound interest at 14% yearly. How much more interest will be earned under the second scheme. If compound interest calculated half yearly?
1
Rs. 5.50
2
Rs. 15.256
3
Rs. 2.205
4
Rs. 3.265